ON24, Inc. (NYSE:ONTF) CFO Steven Vattuone Sells 3,094 Shares

ON24, Inc. (NYSE:ONTF) CFO Steven Vattuone sold 3,094 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $6.38, for a total transaction of $19,739.72. Following the completion of the sale, the chief financial officer now directly owns 531,292 shares in the company, valued at $3,389,642.96. This represents a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Steven Vattuone also recently made the following trade(s):

• On Wednesday, February 12th, Steven Vattuone sold 6,146 shares of ON24 stock. The stock was sold at an average price of $6.68, for a total transaction of $41,055.28.
• On Monday, February 10th, Steven Vattuone sold 1,879 shares of ON24 stock. The shares were sold at an average price of $6.85, for a total transaction of $12,871.15.
• On Tuesday, January 21st, Steven Vattuone sold 4,997 shares of ON24 stock. The shares were sold at an average price of $6.52, for a total transaction of $32,580.44.
• On Friday, January 17th, Steven Vattuone sold 1,022 shares of ON24 stock. The stock was sold at an average price of $6.50, for a total transaction of $6,643.00.
• On Wednesday, January 15th, Steven Vattuone sold 500 shares of ON24 stock. The stock was sold at an average price of $6.50, for a total transaction of $3,250.00.
• On Monday, January 6th, Steven Vattuone sold 6,624 shares of ON24 stock. The shares were sold at an average price of $6.68, for a total value of $44,248.32.
• On Friday, January 3rd, Steven Vattuone sold 18,376 shares of ON24 stock. The shares were sold at an average price of $6.59, for a total value of $121,097.84.
• On Monday, December 16th, Steven Vattuone sold 3,830 shares of ON24 stock. The stock was sold at an average price of $6.96, for a total transaction of $26,656.80.
• On Wednesday, December 18th, Steven Vattuone sold 17,025 shares of ON24 stock. The stock was sold at an average price of $6.70, for a total value of $114,067.50.
• On Wednesday, December 4th, Steven Vattuone sold 7,538 shares of ON24 stock. The stock was sold at an average price of $6.69, for a total transaction of $50,429.22.

ON24 Stock Performance

Shares of NYSE:ONTF opened at $6.12 on Friday. The business has a fifty day moving average price of $6.63 and a two-hundred day moving average price of $6.41. ON24, Inc. has a 1 year low of $5.37 and a 1 year high of $8.28.

Institutional Investors Weigh In On ON24

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in ON24 by 43.5% during the fourth quarter. JPMorgan Chase & Co. now owns 821,461 shares of the company’s stock worth $5,307,000 after buying an additional 249,045 shares in the last quarter. Bridgeway Capital Management LLC lifted its stake in shares of ON24 by 50.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 363,948 shares of the company’s stock valued at $2,351,000 after acquiring an additional 122,700 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of ON24 in the 4th quarter valued at about $777,000. P.A.W. Capital Corp bought a new stake in shares of ON24 in the 4th quarter valued at about $484,000. Finally, Norges Bank purchased a new position in ON24 during the 4th quarter valued at about $428,000. 83.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC restated a “hold” rating on shares of ON24 in a report on Wednesday, January 15th.

ON24 Company Profile

ON24, Inc provides a cloud-based intelligent engagement platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Elite, for live and interactive webinar experience; ON24 Breakouts, for live breakout room experience that facilitates networking, collaboration, and interactivity between users; ON24 Forums, for live and interactive experience, which facilitates video-to-video interaction between presenters and audiences; ON24 Go Live, for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time; and ON24 Virtual Confrence, for live and large scale managed virtual event experience.